A corporate charter should be:

Name: A corporate charter should be:
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Question

Quizplus · Accepted Answer

A corporate charter should be broad in the statement of the business's power, as it defines the legal existence and structure of a corporation, including its purpose, powers, and limitations. It should not be overly detailed or lengthy, as it could limit the flexibility of the corporation in adapting to changing business conditions. It is typically prepared by the corporation's founders with the assistance of legal counsel.

A Corporate Charter Should Be